The Ultra Euro ** fund, symbol ULE, is an exchange traded fund (ETF) within the PowerShares family. There aren't any other funds that we track with a return profile that is extremely similar to ULE.

Which PowerShares funds are most similar to ULE?

We don't track any PowerShares funds which are similar enough to ULE to be practically useful.

Which Non-PowerShares funds are most similar to ULE?

Similarity Symbol Fund Family Fund Name Compare
Similar FXE Investco CurrencyShares® Euro Trust
Similar UDN Investco DB US Dollar Index Bearish Fund
Somewhat Similar ISHG iShares 1-3 Year International Treasury Bond ETF
Somewhat Similar BWZ SPDR Bloomberg Short Term International Treasury Bond ETF
Somewhat Similar IGOV iShares International Treasury Bond ETF

Which PowerShares funds are negatively correlated to ULE?

Correlation Symbol Fund Family Fund Name Compare
-95.0% EUO PowerShares UltraShort Euro **
-53.0% EUFX PowerShares Short Euro **
-48.7% CROC PowerShares UltraShort Australian Dollar **
-37.6% YCS PowerShares UltraShort Yen **
-33.0% GLL PowerShares UltraShort Gold **
-32.5% EPV PowerShares UltraShort FTSE Europe
-31.4% EFU PowerShares UltraShort MSCI EAFE
-30.1% EFZ PowerShares Short MSCI EAFE
-23.2% EUM PowerShares Short MSCI Emerging Markets
-22.8% EEV PowerShares UltraShort MSCI Emerging Markets

Which Non-PowerShares funds are negatively correlated to ULE?

Correlation Symbol Fund Family Fund Name Compare
-88.5% UUP Investco DB US Dollar Index Bullish Fund
-11.5% MARB First Trust Merger Arbitrage ETF
-11.0% HEWJ iShares Currency Hedged MSCI Japan ETF
-10.2% HEFA iShares Currency Hedged MSCI EAFE ETF
-9.4% HEZU iShares Currency Hedged MSCI Eurozone ETF
-9.2% HEWG iShares Currency Hedged MSCI Germany ETF
-7.6% VASFX Vanguard Mutual Funds Alternative Strategies Fund
-5.7% HJPX iShares Currency Hedged JPX-Nikkei 400 ETF
-5.6% HEWU iShares Currency Hedged MSCI United Kingdom ETF
-5.3% HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF

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